总体来看，3月份人民币兑美元汇率震荡走跌。截止3月31日，人民币兑美元中间价报收7.851，与2月最后一个交易日（2月28日）相比，人民币对美元中间价贬值785基点。

2020年4月共有59家信托公司成立2788款集合信托产品，募集资金2290.07亿元，较上月同期统计数据环比上涨8.87%；共有61家信托公司参与信托产品发行，共发行2587款集合产品，较上月环比增长75款，微幅上升2.99%。

从融资领域分布来看，获投项目Top3 的领域分别为医疗健康、企业服务和智能硬件，投资项目共有64 个，占当月获投项目总数的62.14%。

2020年4月，平安信托受托设立一单总保额近2亿元的保险金信托，成为截至目前中国信托行业单笔受托规模最大的保险金信托。在2020年新冠疫情期间，保险金信托因其设立门槛低，可满足中产家庭试水家族信托需求而获得投资者青睐，但同时，保险金信托在国内的发展仍处于起步阶段，有很多问题需要解决。本文就保险金信托在我国的产生发展及现状进行分析，并从模式、市场及制度法规等角度进行未来趋势展望。

4月30日证监会、发改委发文推进基础设施REITs试点工作，标志着我国公募REITs终于开闸。作为资本市场的创新举措，基础设施REITs试点工作具有重要意义，也给公募基金、证券公司开展公募RETIs业务带来新的市场机会和挑战，预计在信息披露、交易机制、税收政策等方面还将持续推出相关配套细则，保障公募REITs试点顺利推进。本文撷取了业界专家对本次基础设施REITs试点政策的观点解读，以飨读者。

2020年4月，货币政策逆周期调节效果十分显著。4月我国广义货币（M2）余额209.35万亿元，同比增长11.1%，增速分别比上月末和上年同期高1个和2.6个百分点；狭义货币（M1）余额57.02万亿元，同比增长5.5%，增速分别比上月末和上年同期高0.5个和2.6个百分点。流通中货币(M0)余额8.15万亿元，同比增长10.2%。当月净回笼现金1537亿元。

近年来，以数据为关键生产要素的数字经济蓬勃发展，商业模式发生了显著的变化。互联网企业可以在不设置物理实体的情况下，轻易地突破国家的边界开展业务，传统的税收规则难以应对这样的挑战。在这样的背景下，欧盟出于维护自身利益的需要，出台了数字税提案。该提案对美国企业影响最大，因此美国对欧盟采取了强硬的反制措施。但数字税仍然得到了印度、韩国、墨西哥、东盟等的积极响应。对我国而言，数字税潜在的负面影响不容小觑，应持续开展跟踪研究，在把握国际国内最新形势的基础上，妥善采取应对策略。

2020年4月27日，中央全面深化改革委员会第十三次会议审议通过了《创业板改革并试点注册制总体实施方案》。会议指出，推进创业板改革并试点注册制，是深化资本市场改革、完善资本市场基础制度、提升资本市场功能的重要安排。创业板试点注册制能够进一步为主板市场发展提供有益的借鉴，从而进一步推动我国证券市场的改革与发展。通过将创业板注册制征求意见稿与科创板注册制安排进行对比，体现监管层在发行、上市、信息披露等基础制度方面均作出了差异化安排，以更好地促进几大板块错位发展、适度竞争，推动多层次资本市场建设。同时，通过分析创业板试点注册制的影响发现，创业板改革并试点注册制将有助于中国证券市场的整体市场质量的改善和市场运行效率的提高。

Digitization has become the key to unlock newer opportunities in almost every industry and is gaining a strategic edge in a rapidly-changing business ecosystem. A survey by Fujitsu of the C-suite decision- makers revealed that 98% of the correspondents believe that digital innovation has disrupted their organization. Furthermore, 77% of the respondents considered innovating more quickly as a necessity, while 67% of them considered partnering with technology experts as a necessity for growth. Product lifecycle management (PLM) is a system, which helps organizations manage the series of changes in a product’s lifecycle, starting from its design and development to its ultimate disposal. However, the growth in the adoption of smart connected products, due to the adoption of the IoT technology, is pursuing the manufacturers to integrate the mechanical and electronic components with software solutions. the increased adoption of Industrial IoT (IIoT) in the production process is aiding the market demand for software applications, and IIoT adoption is expected to skyrocket over the forecast period. For instance, according to GSMA Intelligence, the number of IIoT connected objects is expected to reach 13.7 billion by 2025.

Enterprise file synchronization and sharing (henceforth, referred to as EFSS), is a software service that enables the organizations to synchronize and share documents, photos, videos, and files in a secure manner. Organizations adopt these technologies to help employees avoid using consumer-based file sharing applications and software, to store, access, and manage, in order to ensure data security.  For instance, enterprises workstation dominantly uses Windows, Mac OS, Linux OS, whereas, mobile devices, such as tablets and smartphones, used by their employees use Android, iOS as the dominant operating systems. It creates a considerable challenge for an organization/institution to create a solution that supports these different platforms. This led to the emergence of multiple players in the market that offer EFSS solutions. Automated workflows for creating, editing, and publishing documents improve business processes and collaboration among staff members. The advantages of providing the capability for better use of existing content have been the primary reason driving the market demand.